the rennie review - August 2022

squamish CONDO -JULY 202

SALES TO LISTINGSRATIO 7% BUYERS'MARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 12% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▼ 4% VS 2021

▲ 3% VS 2021

▲ 229% VS 2021

▼ 81% VS 2021

Therewere46 condolistingsin Squam ish in July,21% aboveJuneand 229% higherthan July2021.

Julycondosalesdecreased by70% m onth-over-m onth,to 3,and were81% below July2021.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

Thesales-to-listing ratio forcondosin Squam ish,at7%, reflected abuyers'm arket.

TOTALLISTINGS TOTALSALES

$769 $635,000 $640,000 7% 3 46

16 14

-94% -81% 229%

10 38

-75% -70% 21%

Thecondom edian pricein Julywas$640,000,a2% increasefrom Juneand 3% aboveJuly2021. Theaveragesold pricewas$635,000,2% below last m onth;theaveragePSF salepricewas$769,down 6% to lastm onth.

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$684 $659,094 $622,000 114%

$817 $650,400 $626,000 26%

-6% -2% 2%

12% -4% 3%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● JUL 2021 ● JUL 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

46

38

30

26

26

25

30

23

20

19

18

22

15

19

16

13

17

17

10

14

14

1

9

9

7

3

$860K

$835K

$812K

$726K $760K

$650K

$638K

$634K $674K $626K $640K

$622K

$519K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

20

4+ bdrms

15

3 bdrms

3

10

2

5

2 bdrms

22

10%

7%

0

1

<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +

<2 bdrms

S-L RATIO SALES INVENTORY

3 0 n/a

15 1 7%

21 2 10%

7 0 n/a

21

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